Herbert Hoover: “Now, the major steps that we have to take are domestic.”

We must make headway against the mutual fear and friction arising out of war armament which kill human confidence throughout the world.

We cannot restore employment in the United States by these methods.

This reduction should be carried out not only by broad general cuts in armaments but by increasing the comparative power of defense through decreases in the power of the attack.

No such suggestion has ever been made by any American official.